The Valorization of Surveillance: Towards a Political Economy of ...
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18 pages
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The Valorization of Surveillance: Towards a Political Economy of ...

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The Valorization of Surveillance: Towards a Political Economy of Facebook  Nicole S. Cohen   
Much excitement surrounds Facebook, the social networking site based on user-generated content that has attracted 64 million active users since its inception in 2004. This paper begins to out-line a political economy of Facebook in an attempt to draw atten-tion to the underlying economic relations that structure the web-site, and the way in which the site fits into larger patterns of con-temporary capitalist development. Although Web 2.0 has pre-sented a shift away from “old” top-down media models, there remains continuity through change: Facebook continues familiar models of extensive commodification, with surveillance playing a key role in this process. The emerging reliance on general intel-lect and free labour for the purpose of capital accumulation does represent a move away from a more passive conception of the audience commodity, yet it demonstrates the continuous march of capitalism into cyberspace under post-Fordist conditions.  networking and the future of e-capi D esytpoaelunkthde irspn ogo srto  stno urowv hemiolulmca hn ycione ufb oary smeka,m tipFolanoc yeaebbroost,oua tlkp i tsaihrsme e,ne mtiostsr,he  leaavr n edpas l ,t arhrceieevs  koCilwInuhtAgie .or 1 e  enx A pie nopx scosuiltiortaeic bcitlaaoell     economy analysis of the social networking site reveals more complex dynamics at play than those expressed in the business press or in mainstream medias moral fright; dynamics that reflect broader trends in the development of the digital econ-omy. Facebook is organized around linked personal profiles based on geographic, educational, or corporate networks. Member profiles can reveal a range of personal information, including favourite books, films, and music; e-mail and street ad-dresses; phone numbers; education and employment histories; relationship status (including a link to the profile of the person with whom one is involved); political views; and religion. Once logged in, members spend timeaccording to Facebook, on average, 20 minutes a daylinking to friends profiles, uploading and tagging (or labeling) friends in photos, creating and joining groups, posting events, website links, and videos, sending messages, and writing public notes for
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